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NYC Building Records · BBL 1016250003

1259 PARK AVENUE

Manhattan · Block 1625 · Lot 3 · Walk-up, three families (Class C4)

1259 PARK AVENUE is a Class C4 (walk-up, three families) building in Manhattan (BBL 1016250003) built in 1910, with 10 residential units across 5 floors.

The building is in NYC community district 111, council district 8, zoning district R7-2, on a 2,517-square-foot lot with a building footprint of 9,015 square feet.

The current registered owner of record per NYC PLUTO is PARK AVENUE 2 LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

PARK AVENUE 2 LLC
HPD-registered head officer: BITA SASSOUNI

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerBITA SASSOUNI
  • Corporate OwnerPARK AVENUE 2 LLC
  • Managing AgentRAFAEL SASSOUNI
  • Site ManagerBENNY BUSHARI

Most recent deed

Last transferred on Jan 30, 2006 for $2.1M to Park Avenue 2 Llc.
Previous owner: Mediterranean Avenue Associates
Mortgage: $1.6M recorded Jan 30, 2006 with Washington Mutual Bank. Loan-to-value: 75%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Mar 3, 2022MTGE$2.0MParties redacted — full names in MetroDeeds Scout+
Mar 3, 2022AGMT$3.6MParties redacted — full names in MetroDeeds Scout+
Mar 30, 2012AGMT$1.9MParties redacted — full names in MetroDeeds Scout+
Mar 30, 2012MTGE$465KParties redacted — full names in MetroDeeds Scout+
Jan 30, 2006MTGE$1.6MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
10
Year built
1910
Class
C4
Borough
Manhattan
Zoning:
R7-2
Lot size:
2,517 sqft
Building area:
9,015 sqft
Floors:
5
Assessed value:
$1.2M
Community district:
111
Council district:
8

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected Mar 15, 2023
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class BInspected Apr 8, 2021
    § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR ALL WALLS AND CEILING IN THE 4th ROOM FROM…
  • Class BInspected Nov 28, 2018
    § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING. IN THE 3rd ROOM FROM EAST LOCA…
  • Class BInspected Jan 23, 2018
    § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CAULKING AROUND GLASS PANE AT LOWER SASH AT WINDOW AT EAST…
  • Class BInspected Jan 23, 2018
    § 27-2005, 2006, 2037 HMC: PROPERLY REPAIR AND ABATE UNSAFE ELECTRIC WIRING CONDITION CONSISTING OF EXPOSED ELECTRIC WIRES AT ELECTRIC OUTLE…
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Mar 3, 2022).

Other buildings in this portfolio

Park Avenue 2 Llc controls 3 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 1259 PARK AVENUE

Who owns 1259 PARK AVENUE?

The current registered owner of record for 1259 PARK AVENUE per NYC PLUTO is PARK AVENUE 2 LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 1259 PARK AVENUE last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 1259 PARK AVENUE in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 1259 PARK AVENUE have?

No open HPD housing-maintenance code violations are on record for 1259 PARK AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 1259 PARK AVENUE?

NYC Department of Finance assesses 1259 PARK AVENUE at $1.22M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 1259 PARK AVENUE and what does that mean?

1259 PARK AVENUE is NYC building class C4 — Walk-up, three families. A 3-to-6-story walk-up apartment building with 3 residential units. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

More from MetroDeeds

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